Trend lines holding for a rise to and above 3,000. Seemed crazy when I drew this originally, but still holding. Channel narrows, so, must maintain that upward movement or collapse.
Looking at the daily, could the S&P run a channel up to new highs and then fall again in late May/early June? Wondering if stimulus is changing the timeframe of previous predictions.
Overlays seem to indicate on intermittent occasions, SPXU seems to better track consistently with VIX rather than inverse of the S&P500. Appreciate any feedback or criticism.
